Satin Creditcare Network

Satin Creditcare up 4% on securing 15 million euro debt funding from OeEB

The uptick in the share price came after the company announced that it has secured 15 million euro debt funding from Asutira's OeEB, to empower rural women entrepreneurs

Fusion Micro, Spandana: Rally in MFI stocks has more legs, say analysts

Analysts expect the sector to see strong loan growth in FY24 and FY25 driven by increase in ticket sizes, strong customer acquisitions, and regulatory tailwinds

Satin Creditcare Q2 net drops 70% to Rs 16 cr hit by higher provision

Satin Creditcare Network on Friday reported a 70 per cent drop in consolidated profit after tax at Rs 16 crore for the September quarter, hit by higher provisioning

Gurugram-based Satin Creditcare to apply for on-tap small finance bank

SCNL is waiting for RBI to come out with its on-tap norms by end-August

Satin Creditcare plans to demerge small and medium finance unit into NBFC

MFI has already applied for a licence for SME lending to the Reserve Bank of India

Satin Creditcare soars 18% on equity investments by Kora Management

Kora Management has made an equity investment of Rs 80 crore in SCNL to support the company's growth and digital initiatives as a financial services provider to rural and semi-rural India

Icra cuts outlook on Satin Creditcare's bonds to negative

Move prompted by rising defaults in MFI loan books following note ban in November

Satin Creditcare Network surges on Morgan Stanley Asia stake buy

The stock 19% to Rs 449 after Morgan Stanley Asia (Singapore) bought 830,334 shares at Rs 375 per share.